U.S. Gross Domestic Product Report

Net exports of goods and services improved by 3.40 % from I Quarter 2016 and at seasonally adjusted annual rate rose by 7.00 % from preceding period.

While U.S. imports of goods and services saw an increase by 3.80 % from I Quarter 2016 and at seasonally adjusted annual rate advanced by 4.00 % from the preceding period.

Government consumption expenditures & gross investment declined by -0.40 % from I Quarter 2016 and at seasonally adjusted annual rate decreased by -0.90 % from preceding period.

• Contributions to GDP Growth by Industry

Gross national product (GNP) went up by 2.40 %, from I Quarter 2016 and rose by 1.10 %, from IV Quarter 2016.

National income grew by 3.54 %, from I Quarter 2016 and fell by -0.09 %, from IV Quarter 2016.

Compensation of employees increased by 3.75 % to $10,266.9 billions from I Quarter 2016 and fell by -0.12 % from preceding period , now representing 62.57% of National income.

Corporate profits with inventory valuation & capital consumption adjustment rose by 3.34 %, to $ 2,101.5 billions from I Quarter 2016 and fell by -2.26 % from IV Quarter 2016 , now representing 12.81 % of National income.

• Relation of U.S. GDP, U.S. GNP
• Corporate Profits by Industry